Taxation Law

This assignment aims at assessing students on the Learning Outcome from 1 to 4 as mentioned above. Assessment task: Question 1 Your client Helen wants to fund her business as a fashion designer, therefore she has sold some of the assets as follows: 1- An antique...

Taxation Law

1. Identify and explain the 3 primary sources of taxation law 2. Discuss the role of the Australian Taxation Office (ATO). Outline the ATO power. 3. Define taxable income, assessable income and exempt income and explain the relationship between them. 4. Briefly...

Taxation Law

Question 1 (3 Marks) Hilary is a well-known mountain climber. The Daily Terror newspaper offers her $10,000 for her life story, if she will write it. Without the assistance of a ghost writer, she writes a story and assigns all her right, title and interest in the...